[July 29, 2011] CRST International acquires Specialized Transportation Tweet Jul 29, 2011 (Datamonitor Financial Deals Tracker via COMTEX) -- CRST International, Inc., a provider of transportation solutions and services, has acquired Specialized Transportation, Inc., a provider of customized supply chain solutions for products that require high-touch support, special handling and equipment, and value added onsite services. Both companies are based in the US. Specialized Transportation has 250 employees and 500 owner-operators and works through a network of 150 agents in the US and Canada. Deal Type Acquisition Sub-Category Majority Acquisition Deal Status Completed: 2011-07-28 Deal Participants Target (Company) Specialized Transportation, Inc. Acquirer (Company) CRST International, Inc. Deal Rationale The acquisition supplements CRST's current business of expedited van, flatbed, dedicated fleet and transportation management services by giving access to a new network of agents and 45 distribution centers in metropolitan areas in North America. The acquisition makes CRST one of the diversified transportation companies in the US. [ Back To TMCnet.com's Homepage ]